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Are children entitled to information about a parent's living trust?
My parents, who are still alive, have told me they're going to leave me an inheritance in the form of a living trust. Since the trust is already in existence, with me as a beneficiary, am I allowed to receive statements from the holder of the trust -- in this case, a bank?
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Make a Trust
- Decide if you need a shared trust.
- Decide what items to leave in the trust.
- Decide who will inherit your trust property.
- Choose someone to be your successor trustee.
- Choose someone to manage children's property.
- Prepare the trust and sign it in front of a notary.
- Transfer title of property to yourself as trustee.
- Store your trust document safely.
> get the details
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